Thien Viet Securities JSC (TVS) — Financial Flexibility Index

Latest as of June 2026: -0.28x

Thien Viet Securities JSC (TVS) has a Financial Flexibility Index of -0.28x as of June 2026. Free cash flow of ₫-1.17 Trillion (operating CF ₫-1.17 Trillion minus capex ₫2.97 Billion) represents 0% of total liabilities (₫4.17 Trillion). Check cash flow reinvestment rate of Thien Viet Securities JSC to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

-0.28x
Free Cash Flow / Total Liabilities

Free Cash Flow

₫-1.17 Trillion
Operating CF − Capex

Total Liabilities

₫4.17 Trillion
VND

Capital Expenditures

₫2.97 Billion
VND

Thien Viet Securities JSC Financial Flexibility Index (2020–2025)

Historical Financial Flexibility Index trend for Thien Viet Securities JSC across 6 annual periods. For the full cash flow conversion analysis, see Thien Viet Securities JSC cash conversion from operations.

Annual Financial Flexibility Index for Thien Viet Securities JSC (2020–2025)

Year-by-year free cash flow to debt coverage for Thien Viet Securities JSC. Explore Thien Viet Securities JSC debt service capacity to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (VND) Operating CF Total Liabilities YoY Change
2025 0.14x ₫655.44 Billion ₫649.91 Billion ₫4.70 Trillion ▲ +264.8%
2024 -0.08x ₫-427.18 Billion ₫-439.74 Billion ₫5.05 Trillion ▲ +26.0%
2023 -0.11x ₫-1.31 Trillion ₫-1.32 Trillion ₫11.47 Trillion ▼ -606.8%
2022 0.02x ₫173.35 Billion ₫168.35 Billion ₫7.69 Trillion ▲ +123.9%
2021 -0.09x ₫-513.27 Billion ₫-523.48 Billion ₫5.43 Trillion ▲ +53.1%
2020 -0.20x ₫-524.27 Billion ₫-530.34 Billion ₫2.60 Trillion
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities